Tuesday, February 18, 2014

2-18-2014 Intel Guru Nova

 2-18-2014   Intel Guru Nova   When The Governor Of The CBI A Few Weeks Ago At The Banking Conference In Dubai Said To The GOI, We Would Love To Help You Sell Your Bonds But You Need To Pass Your Budget First. He Was Referring First, Of The Need In Having A Line Item In The Budget That Will Pay The Coupon On The GOI Bonds. Second He Was Stating The Need To Pass The Investment Banking Law.  One Last Thing, It Is Also Needed For OMO. Because OMO  [Open Market Operations]  Is The Process Of Central Banks Sell Government Debt. As For The Week Ahead I Pray We Are All Surprised By What Is Happening.